Holiday spending in the US: Celebrate the season, mind your wallet
2 weeks ago

Holiday spending in the US: Celebrate the season, mind your wallet

India Today  

For Americans, Christmas cheer comes with warm spending — whether on essential giveaways for family or in charity. Like, if it suits somebody, then I'll grab it.” A Closer Look at Holiday Gifts Popular gifts include clothing, toys, gift cards, books, video games, and personal care items. Economists note that people are now “substantially less optimistic” about future business conditions and their incomes compared to last month, especially with frequent mention of tariffs which is a signature part of Trump’s economic policies. But that's understandable because of the current state of things not just here in the United States but also, I would imagine, globally.” The Rising Threat of Holiday Fraud This season has also been worried over surging fraudulent activity; Visa blocked nearly double the number of suspect transactions during Black Friday and Cyber Monday compared to last year. Setting holiday spending limits before heading out is a critical step to maintain financial health amidst the festive whirlwind.

Holiday Season  season  celebrate  spirit  things  economy  economic  shoppers  holiday  financial  christmas  wallet  spending  mind

History of this topic

Holiday shoppers increased spending by 3.8% despite higher prices
Trending News
1 week, 6 days ago

Holiday shoppers increased spending by 3.8% despite higher prices

Associated Press  

Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday sales from the beginning of November through Christmas Eve climbed 3.8%, outpacing the 3.1% increase from a year earlier, according to Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit …

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024
1 month, 1 week ago

Holiday shopping in US: Americans expected to spend nearly $1 trillion in Nov-Dec 2024

Live Mint  

The National Retail Federation has projected that winter holiday spending for November and December will increase by 2.5% to 3.5% over 2023. Strong holiday spending Despite a cautious consumer outlook, NRF President and CEO Matthew Shay emphasized that the economy remains fundamentally strong, providing solid support for spending growth. “The winter holidays are an important tradition to American families, and …

More deals, more spending: What Black Friday has in store
1 month, 1 week ago

More deals, more spending: What Black Friday has in store

NPR  

More deals, more spending: What Black Friday has in store toggle caption Sarah Silbiger/Getty Images This week officially kicks off the busiest shopping period of the year — it's joy and chaos for shoppers and a make-it-or-break-it season for most retailers. But that's not the whole story: A greater share of people also plan to splurge this holiday season, according …

How to get through the holidays without breaking the bank
1 month, 2 weeks ago

How to get through the holidays without breaking the bank

Salon  

The holiday season is here, which means quality time with family, cozy winter nights and Mariah Carey Christmas classics on repeat. Here’s how to welcome the new year without putting a dent in your wallet: Make a list and check it twice “It's so easy to get ahead of yourself when you're shopping for Christmas,” Aaliyah Kissick, a Gen Z …

A fifth of UK adults have already started Christmas shopping – but how much are they spending?
3 months, 1 week ago

A fifth of UK adults have already started Christmas shopping – but how much are they spending?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The colder weather has only just started to set …

Four in five people ‘planning to spend same or more on holidays in next year’
4 months, 1 week ago

Four in five people ‘planning to spend same or more on holidays in next year’

The Independent  

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. As the …

Holiday spending is up. Shoppers are confident, but not giddy
1 year ago

Holiday spending is up. Shoppers are confident, but not giddy

NPR  

Holiday spending is up. Shoppers are confident, but not giddy Enlarge this image toggle caption Brandon Bell/Getty Images Brandon Bell/Getty Images Retail spending in the 2023 holiday season rose just over 3% year-over-year, marking a return to pre-pandemic consumer spending trends even as credit card debt is on the rise and federal student loan payments have kicked back in. Sponsor …

Americans ramped up spending during the holidays despite some financial anxiety and higher costs
1 year ago

Americans ramped up spending during the holidays despite some financial anxiety and higher costs

Associated Press  

NEW YORK — Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to the latest measure. This year’s sales are more in line with what is typical during the holiday season, however, after a surge in spending last year during the …

Americans ramped up spending during the holidays despite financial anxiety, higher costs
1 year ago

Americans ramped up spending during the holidays despite financial anxiety, higher costs

LA Times  

Holiday sales rose in 2023 even as shoppers deal with still stubborn inflation in some areas as well as other financial worries, according to one measure. Holiday sales rose this year and spending remained resilient during the shopping season even with Americans wrestling with higher prices in some areas and other financial worries, according to one closely watched measure. This …

I Keep Saying “Yes” This Holiday Season. The Spending Is Out of Control.
55 years ago

I Keep Saying “Yes” This Holiday Season. The Spending Is Out of Control.

Slate  

Pay Dirt is Slate’s money advice column. Every time I try to talk to him about this he gets angry and says he is very stressed and needs to focus on work and tells me I just need to hire more help, which would probably help some things, except I’d be the one footing the bill. I think we can …

Behind Black Friday’s crowds lie stories of consumers squeezed by inflation
1 year, 1 month ago

Behind Black Friday’s crowds lie stories of consumers squeezed by inflation

LA Times  

Months of punishing inflation have pushed East Hollywood resident Diane Roque to economize by canceling her family’s cable subscription and prioritizing cooking at home. “Now it’s very online-focused, and we’re really looking to see the online velocity surge on the major days like Black Friday and Cyber Monday,” said Vivek Pandya, lead analyst at Adobe Digital Insights. “They’re stretching out …

Shoppers’ holiday spending is expected to top $957 billion, a record amount
1 year, 2 months ago

Shoppers’ holiday spending is expected to top $957 billion, a record amount

LA Times  

Customers shop at a Nathan & Co. store in Oakland in 2022. This year’s holiday spending is expected to beat last year’s record spending of $929.5 billion. The National Retail Federation, an industry trade group, said holiday spending is forecast to reach record levels this year — up 3% to 4% from last year. Business Despite higher prices, American shoppers …

Why Americans may spend $12bn on Halloween in 2023
1 year, 2 months ago

Why Americans may spend $12bn on Halloween in 2023

BBC  

Why Americans may spend $12bn on Halloween in 2023 Consumers love to spend big during spooky season. Getty Images Consumers are still willing to spend on "ritual artefacts", like costumes, even when the economy is tight But Halloween celebrants today, regardless of their religious convictions, buy into Halloween for another reason: familiarity. Home Depot's 12-foot skeleton – known popularly as …

Three in 10 people have already started Christmas shopping – survey
1 year, 3 months ago

Three in 10 people have already started Christmas shopping – survey

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Three in 10 adults who …

Holidaymakers ‘spend nearly £100 more per day than they would at home’
1 year, 5 months ago

Holidaymakers ‘spend nearly £100 more per day than they would at home’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Holidaymakers spend nearly £100 per …

Holiday procrastinators are back in force. Blame inflation.
2 years ago

Holiday procrastinators are back in force. Blame inflation.

Associated Press  

NEW YORK — Last year, Lucila Gomez and her husband started their holiday shopping around Thanksgiving and wrapped it up a week before Christmas, spending $750 on tablets and clothing for their three children and relatives. We want to go into the New Year not owing anything.” Last minute holiday shoppers are back in force — and inflation is partly …

Holiday shopping kicks off with inflation dampening spirits
2 years, 1 month ago

Holiday shopping kicks off with inflation dampening spirits

Associated Press  

NEW YORK — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty still remains. Isela Dalencia, who was shopping for household essentials like detergent at a Walmart in Secaucus, New Jersey, earlier this week, said she’s delaying buying holiday gifts until Cyber Monday — the Monday after Thanksgiving — when online sales rev up. Adobe Analytics …

Two-thirds of Britons fear they will not be able to spend as much on Christmas this year
2 years, 2 months ago

Two-thirds of Britons fear they will not be able to spend as much on Christmas this year

Daily Mail  

Almost two-thirds of Britons are worried they won't be able to spend as much as they usually do this Christmas amid the cost of living crisis, a poll has shown. According to a Redfield & Wilton Strategies survey for MailOnline, 65 per cent said they were concerned about having to scale down spending on presents and celebrations. According to a …

Workers are once again spending their holiday allowance
2 years, 7 months ago

Workers are once again spending their holiday allowance

NL Times  

Economists expect more people to spend their upcoming holiday allowance than in the past few years, especially as the opportunity to travel opens up again. "People are looking for ways to absorb the declining purchasing power, which could be holiday pay,'' Rietman said. "A differentiation between income groups can be expected –– low incomes may go on holiday less often, …

Holiday sales rise 8.5% despite supply-chain issues and Omicron variant
3 years ago

Holiday sales rise 8.5% despite supply-chain issues and Omicron variant

LA Times  

A shopper pushes her overflowing cart down an aisle at Macy’s in Indianapolis on Black Friday. Holiday sales rose at their fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and the raging new Omicron variant in the last few weeks of the season, according to one spending measure. Mastercard SpendingPulse, which tracks all kinds …

Despite supply issues and omicron, holiday sales rise 8.5%
3 years ago

Despite supply issues and omicron, holiday sales rise 8.5%

Associated Press  

Holiday sales rose at the fastest pace in 17 years, even as shoppers grappled with higher prices, product shortages and a raging new COVID-19 variant in the last few weeks of the season, according to one spending measure. Mastercard SpendingPulse, which tracks all kinds of payments including cash and debit cards, reported Sunday that holiday sales had risen 8.5% from …

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